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i-Tech inks Petrobras contracts

Feb 20, 2014

Subsea 7 today announced through its i-Tech division two awards by Petrobras for remote intervention services with a combined value in excess of US$90 million. The contract scope is for the provision of two remotely operated vehicles…

Barents gas disappoints Statoil

Feb 20, 2014

Statoil has made a small gas discovery in the Kramsnø prospect in production license 532, near to the Johan Castberg oil field, in the Barents Sea. The discovery is the fourth well in a five-well drilling campaign targeting oil in PL532…

Wood Group names new MD

Feb 19, 2014

Wood Group PSN (WGPSN) appointed a new regional managing director to lead its Australia & Asia Pacific business. Andrew Stewart previously the southern operations business manager in Australia, and now will step into the position as part of a planned handover from Matt Gavin…

US frac fluid market at $26bn

Feb 19, 2014

According to a new technical market research report, The US market for Fracking Fluids, prepared by Dr. Gordon Nangmenyi for BCC Research, the US market for fracking fluids was valued at US$18.4 billion in 2012 and $26 billion for 2013. BCC Research projects the market to grow to nearly $37…

AWE to install subsea wellhead

Feb 19, 2014

Australia’s AWE reported that the Pateke-4H development well was at a measured depth of 1507m. A 13 3/8-in casing was ran to the planned depth of 1504m. Preparations are being made to cement the casing and prepare for the installation of the subsea wellhead…

CAMAC inks FPSO deal

Feb 19, 2014

CAMAC Energy announced today that a long-term contract has been signed for the floating, production, storage, and offloading vessel (FPSO) Armada Perdana for continued use offshore Nigeria. The contract provides for an initial term of five years…

138% increase in FPSO spending

Feb 19, 2014

Douglas-Westwood’s latest World Floating Production Market Report forecasts that, during 2014-2018, US$99 billion will be spent on floating production systems – an increase of 138% over the preceding five-year period. Report author, Damilola Odufuwa…

Inpex marks Ichthys keel lay

Feb 19, 2014

The INPEX-operated Ichthys LNG Project has celebrated a key milestone for its floating production, storage and offloading (FPSO) facility. The first block of the keel was placed during a ceremony in the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo…

Bibby completes PTTEP job

Feb 19, 2014

Bibby Offshore Singapore (BOS) has completed a call out contract with PTT Exploration & Production Co Ltd (PTTEP). The project involved a short notice mobilization, and saw the BOS-operated DP2 ROV Support Vessel, the Bibby Spring, perform…

Marin opens gulf coast base

Feb 18, 2014

Marin has expanded its subsea business by establishing a base in the gulf coast. The objective is to support clients in the areas of deepwater excavation, claycutting and route preparation. The recent appointment of Frank Hazen, President of Marin Deepwater Operations…

BGP completes Madagascar 2D survey

Feb 18, 2014

BGP's seismic vessel SRV Challenger has just completed a 2700 line-km 2D seismic survey for a major international oil company offshore Madagascar in early February 2014. Within two years, BGP Challenger has acquired more than 21,986 km of 2D seismic survey offshore Madagascar…

Five Seadrill jackups for Mexico

Feb 18, 2014

Seadrill Ltd. has finalized contracts for four jackup drilling rigs for use by Mexico's national oil company Pemex Exploracion y Produccion, with a fifth due to be agreed in 2Q.  The contracts are for the jackup drilling units West Oberon…

Apache makes exec changes

Feb 18, 2014

Apache Corporation announced several changes to its executive organization, including the retirement of the firm's president: Roger Plank, president and chief corporate officer, has elected to retire. Alfonso Leon, senior vice president and chief of staff…

Wartsila chosen for LNG conversion

Feb 18, 2014

Totem Ocean Trailer Express has announced that Wärtsilä will supply main engines, generators and integrated LNG storage and fuel gas handling systems (LNGPac(TM)) for the largest LNG conversion ever undertaken in North America. The contract was signed in 4Q 2013…

Surface unmanned vehicle launched

Feb 18, 2014

Portsmouth, UK, based Autonomous Surface Vehicles (ASV) has launched an oilfield services unmanned surface vehicle, the C-Worker (pictured). The 20ft-long multi-use offshore unmanned surface vehicle was developed to conduct subsea positioning…

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